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Regaining strength: Emerging-market funds cruising again

...Brazil's economy is on pace to contract this year, a drought is sapping its water reserves and a kickback investigation at oil giant Petrobras has hurt confidence.- CHINAThe MSCI China index began rising late last year and spiked in April to its best...

http://chronicle.augusta.com/news/business/2015-05-15/regaining-strength-emergin
Business news

...BP estimated spilled into the Gulf of Mexico after a rig explosion in 2010, a decision that could potentially cost the oil giant more than $13 billion.U.S. District Judge Carl Barbier ruled that 3.19 million barrels ? just under 134 million...

http://chronicle.augusta.com/news/business/2015-01-15/business-news
Investors still see benefit of hiring stock pickers to run their funds

...fund managers have gotten right this year is to avoid Exxon Mobil.As the third-largest stock in the S&P 500, the oil giant's performance has a bigger effect on the index than any company outside Apple and Microsoft. This year, it's been...

http://chronicle.augusta.com/news/business/2014-12-19/investors-still-see-benefi
Ruling against BP could mean $18 billion in fines

...District Judge Carl Barbier concluded that the London-based oil giant showed a "conscious disregard of known risks" during...finding exposes BP to the much higher amount.Even as the oil giant vowed to appeal, BP stock fell $2.82, or nearly 6...

http://chronicle.augusta.com/news/business/2014-09-04/ruling-against-bp-could-me
Appeals court to review approval of BP settlement

...started complaining that the judge and court-appointed claims administrator were misinterpreting it. The London-based oil giant is worried it could be forced to pay billions of dollars more for bogus or inflated claims by businesses.Plaintiffs...

http://chronicle.augusta.com/news/2013-11-03/appeals-court-review-approval-bp-se
Business news

...Chevron Corp. was responsible for oil drilling contamination in a wide swath of Ecuador's northern jungle and ordered the oil giant to pay $8.6 billion in damages and cleanup costs.The amount was far below the $27.3 billion recommended by a court-appointed...

http://chronicle.augusta.com/news/business/biz-bits/2011-02-14/business-news
Biz Bits | Business
Some BP payouts don't go to cleanup

...gadgets and other gear, much of which had little to do with the cleanup, an Associated Press investigation shows.The oil giant poured hundreds of millions of dollars into Gulf Coast communities with few strings attached.In Ocean Springs, Miss...

http://chronicle.augusta.com/news/business/2011-04-11/some-bp-payouts-dont-go-cl
Business
Exxon, Shell profits plunge

Oil giants Exxon Mobil and Royal Dutch Shell on Thursday added to the industry's worst midyear showing in years, stung by slumping global...

http://chronicle.augusta.com/stories/2009/07/31/bus_542661.shtml
Business
BP expert absent long before spill

...before a House subcommittee. Despite Mr. Woollam's silence, lawmakers blasted other executives of the London-based oil giant Thursday for pipeline maintenance lapses and sought explanations for what might have caused the March discharge of more...

http://chronicle.augusta.com/stories/2006/09/09/bus_95954.shtml
Business
New BP CEO took unusual turns to top

...executives.Seen as an unlikely candidate just a few months ago, Dudley is set to become the first American to lead the oil giant in its century long history. Dudley will become CEO on Oct. 1 and try to salvage the company's reputation and investments...

http://chronicle.augusta.com/news/business/2010-07-27/new-bp-ceo-followed-unusua
Business